Rising US power prices reflect new reality for utilities in warming world

Halfway through a US summer of punishing heat domes and record-high temperatures, air conditioners are churning and energy bills are soaring. But a closer look at how such costs play out reveals vast disparities among states and demographic groups — suggesting a complex American energy reality that goes beyond partisan talking points and shows the challenges utilities face in a warming world, industry experts said. Between 2018 and 2023, average US household electricity prices rose 21.9%, data from S&P… Read More »

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Outlook for Pending Generation in the PJM Interconnection Queue

Outlook for Pending Generation in the PJM Interconnection Queue Executive Summary The United States is witnessing rapidly growing interest in clean electricity generation, driven by soaring consumer demand for clean energy and the country’s goal to reduce greenhouse gas emissions. In parallel, the time it takes for new, clean generation projects to move from design to execution in the US has lengthened, meaning that the rising interest has not been matched by supply. The country’s largest grid operator, PJM… Read More »

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